The SAF Podcast – Details, episodes & analysis

In this episode, Oscar had the pleasure of speaking with Binyam Raja, Global Practice Manager for Transport, World Bank.

The conversation focused on a crucial aspect of the SAF industry: promoting production in non-OECD countries and expanding the global network of SAF production. Binyam shared valuable insights on the World Bank's efforts to support developing economies in participating in the SAF value chain, highlighting the economic and environmental benefits this could bring.

We explored several key topics, including:

1. The World Bank's role in conducting feasibility studies and techno-economic analyses in countries like Kenya, South Africa, Nigeria, and Ethiopia.
2. The World Bank's efforts to integrate the climate agenda into developing countries' transport sectors
3. The importance of blended finance and risk-sharing mechanisms to attract private investment.
4. Regional approaches to aggregating demand and harmonizing policies.
5. The potential for SAF production to contribute to rural development and sustainable agriculture (including the potential of cacti as a feedstock in the Arid Sahel region) 
   • Balancing SAF production with food security concerns
   • Potential for SAF to improve agricultural productivity and contribute to reforestation efforts

Binyam also discussed the World Bank's efforts to create partnerships between various stakeholders, including governments, private sector entities, and other multilateral development banks, to accelerate SAF adoption in developing countries. 

This episode offers a comprehensive look at the global potential for SAF production and the steps being taken to make it a reality in emerging markets. If you are interested in risk mitigation strategies in Non-OECD countries, the importance of demand aggregation and how SAF can be a regenerative source for both the land and emerging economies.

If you enjoyed this episode, make sure you check out our previous one with Frank Schreurs, GAFT: https://www.buzzsprout.com/2202964/15507196

In this episode of the SAF Podcast, Oscar chats with Frank Schreurs, co-founder of GAFT, about the innovative approaches his company is taking to revolutionize sustainable aviation fuel (SAF). Joining us from his holiday in Sweden, Frank provides a detailed look into GAFT's mission and the challenges the aviation fuel industry faces.

Frank's career spans over two decades in the energy sector, including significant experience in oil trading, M&A, and biodiesel production. This rich background set the stage for his entrepreneurial journey into sustainable fuels. GAFT, originally a CO2 utilization company, evolved into a pioneering firm addressing the critical issue of feedstock shortages for SAF production. Frank explains how GAFT utilizes second-generation sugars, crude glycerin, and advanced electrolysis processes to create local, sustainable feedstocks from CO2 and electricity turning them into valuable lipid feedstocks for HEFA SAF production.

Frank explains GAFT's strategy to license their technology to Biofuel producers so they can upscale their crude glycerin bi-product, whilst also pursuing their own first of a kind facility to produce their lipid feedstock.

A significant portion of the discussion focuses on the challenges of securing reliable and sustainable feedstock supplies. With Europe importing a majority of its used cooking oil from Asia, Frank highlights the inherent issues of dependence on external sources and potential sustainability fraud. GAFT's innovative technology aims to mitigate these risks by producing feedstocks locally, ensuring a more stable and transparent supply chain and producing feedstock that can be put straight into existing refining infrastructure.

Frank also shares insights into the investment landscape, acknowledging the hurdles but expressing optimism due to strategic interest from both financial and technology sectors. They have so far been backed by the EIC and are currently working on the series A which can find the FOAK facility and expand the team.

This episode is a must-listen for those concerned about the Used Cooking Oil importation situation and this could provide another solution to scaling the HEFA pathway and de-coupling it from Asian feedstock importation.

If you enjoyed this episode, catch our recent discussion with Mukund Karanjikar, CleanJoule: https://www.buzzsprout.com/2202964/15427620

On this week's episode you get not one, but two Oscars as Oskar Meijerink, SkyNRG  to discuss the transition from procurement to production with Oscar on The SAF Podcast.

Oskar has been with SkyNRG since he left university where he wrote a dissertation on project finance for Sustainable Aviation Fuels. He has since been working on the project side, being kept busy with a HEFA project being developed in Delfzijl, Biomass Fischer-Tropsch facility in the Pacific northwest and their eSAF facility under development in Amsterdam.

Oskar shares the progress of each location, why they are working across pathways, the process of choosing where to place SAF refineries and what feedstocks to use. All of these decisions are critical if projects are to get to Final Investment Decision. This is something we explore in detail as we explore the challenges of finding investment and what building blocks need to be put in place to best position projects to receive favourable investment decisions. We also touch on the recent Topco investment by Macquarie Asset Management and how encouraging this is for inevestor sentiment on the companies overall strategy.

We end the episode by reflecting on the demand side of the market and how SkyNRG's history in this with their Fly on SAF solution and how critical a component understanding of market demand is when considering SAF production.  Having already helped over 40 airlines reach sustainability goals, as well as corporate customers, travel companies and airline customers decarbonise their air travel, Oskar highlights why the understanding of the demand environment drove them towards getting involved on the supply side.

This is a fantastic episode that gets into the real detail of building SAF projects and the opportunities and challenges that they present.

If you liked this episode, listen to our recent podcast with Mihir Dange, XCF Global Capital and Wray Thorn, Focus Impact Partners, to find out what the investor and producer dynamic is like in the everyday https://www.buzzsprout.com/2202964/14904940

Host and Producer: Oscar Henderson, SAF Investor

This week Mihir Dange from XCF Global Capital and Wray Thorn from Focus Impact Partners join Oscar on The SAF Podcast to discuss their recent merger and expecting public offering later this year.

 Mihir's storied past, shaping programmes for yellow taxi medallion drivers to his latest venture into sustainable aviation fuel with XCF, intersects with Wray's fervent support for socially progressive companies through Focus Impact Partners. 

The discussion meanders from how Mihir and Wray first connected to what their daily working relationship look like now as they work towards listing later in the year. We also delve into XCF's business model and how they can be so confident of their aggressive growth plan with their modular approach and four facilities being developed. We look at the importance of long term supply certainty and the other factors that are critical for receiving investment.

Make sure you stay tuned to the end to find out what advice they would both give to investors looking to invest in the SAF industry and producers looking for investment.

This is a fantastic opportunity to hear from both a producer and an investor about the fulcra on which production and investment decisions hinge.

If you enjoyed this episode, check out our recent discussion with the Renewable Transport Fuel Association looking at the policy landscape in the UK and the role Revenue Certainty Mechanisms have to play: https://www.buzzsprout.com/2202964/14826429-the-saf-podcast-supporting-production-through-revenue-certainty-mechanisms.mp3?download=true

Host & Producer: Oscar Henderson, SAF Investor

This week on The SAF Podcast, Gaynor Hartnell and Tom Reid from the Renewable Transport Fuel Association (RTFA) discuss the UK Sustainable Aviation Fuel policy landscape with Oscar Henderson. They bring to the table a wealth of knowledge, leading us through the intricate world of renewable fuel revenue certainty mechanisms. With imminent announcement on the UK Sustainable Aviation Fuel (SAF) mandate, these two experts dissect how these policies are critical to fuel supply and market dynamics.

We dive into how revenue certainty mechanisms work, the importance of providing stability without infringing on natural market dynamics and how Contracts for Difference (CFDs) in the renewable energy markets have set the platform for long standing certainty and longevity when CFDs are enacted in the Sustainable Aviation Fuel sector.

As the industry stands on the precipice of significant government decisions, our guests unravel the complexities of the SAF market, examining the challenges and opportunities that lie ahead. They break down the urgency of transitional support, emphasizing the need for adaptable and forward-thinking policies.

This is a fascinating conversation with two long standing industry experts, so if you enjoyed this conversation. We are going to be having Gaynor and Tom back on the Podcast when the UK government have have made their policy announcement, breaking down all the details and getting some great insight how domestic SAF production can be accelerated. 

So make sure you keep and eye out for the follow up episode coming soon.

If you like this episode, you should try our discussion with Natasha Mann, Future Energy Global here: https://www.buzzsprout.com/2202964/14508344

Host & Producer: Oscar Henderson, SAF Investor

On this week's episode of The SAF Podcast, we are going to share a full discussion that occurred at SAF Investor London looking into "Finding Project Finance". Al Whyte, moderated a panel including; Wray Thorn, Focus Impact Partners, Andrew Eckhardt, Cranmore Partners, James Falzon, European Bank for Reconstruction and Development, Martin Forman, Sumitomo Mitsui Banking Corporation and Kevin Bogenreif, Summit Next Gen, all share their thoughts on the challenges of financing Sustainable Aviation Fuel (SAF) projects. 

Our experts delve into the critical aspects of price discovery, feedstock costs, and the necessity for robust commercial structures. With technology as a cornerstone in SAF production and regulatory frameworks steering the market, we highlight how these factors shape investor interest and confidence in green initiatives.

Finally, we explore the landscape of financing emerging technologies and the strategies to navigate this terrain. From small commercial plants acting as stepping stones to full-scale ventures, we examine how credit officers gain confidence in new tech and the critical role of government support programs. Our panel reflects on the exciting opportunities and potential roadblocks, emphasizing that well-structured projects with predictable revenue streams are the keys to unlocking funding and driving sustainable projects to fruition. 

Hope for all those not able to come to London you enjoy this fantastic discussion. 

Moderator: Alasdair Whyte, SAF Investor
Producer: Oscar Henderson, SAF Investor

This week on The SAF Podcast, Oscar is delighted to be joined by Oliver Booth from Sightline Climate. The conversation reveals the layers of complexity in defining climate tech and exploring the nature of the climate capital stack, and how it relates to Sustainable Aviation Fuel.

The episode begins with Oliver giving a great summary of the findings of their 2023 end of year report for private investments and what this means for SAF producers trying to find investment. As the discussion continues , we draw critical connections between the past clean tech boom and today's investor discernment, which now favours high-impact and sensibly-valued companies. Plus, Oliver spotlights the unique strategies and partnerships crucial to scaling renewable hydrogen production—a key component in the quest for eco-friendly skies.

Our discussion takes a global turn as we evaluate energy market trends from Asia's HEFA advancements to Africa's potential for technological leaps, similar to its rapid adoption of mobile technology. Oliver's expertise provides a hopeful outlook for the resilience of private investments in green tech, despite market unpredictability. By the end of our conversation, it's clear: the fusion of financial acumen and environmental responsibility is the roadmap for fuelling a sustainable future in the skies and beyond.

You can find the Sightline Climate End of Year report here: https://www.ctvc.co/32bn-and-30-drop-as-market-hits-pause-in-2023/

If you enjoyed this discussion, check out our previous episode with Jim Lockheed, JetBlue Ventures here: https://www.buzzsprout.com/2202964/14019163

Host: Oscar Henderson, SAF Investor 

In this episode the SAF Investor team of Alasdair Whyte, Fayaz Hussain and Oscar Henderson give you a quick round up and review of last week's first SAF Investor London conference.

A diverse gathering of producers, investors, customers and many other companies integral to the industry's development gathered to discuss the major issues the industry faces in scaling production.

We discuss our highlight moments from the conference, key takeaways that we have, our favourite discussions as well as what surprised us. This is a great snapshot of what happened over the two days as the industry continues to strive to activate capital to scale production. We also go over the first SAF Investor Awards, which were given to companies making ground breaking and industry leading investments and deals pushing SAF development on.

You can find the session videos from the conference on our website. https://www.safinvestor.com/144526/saf-investor-london-2024-presentations/

It is safe to say SAF Investor London will be back next year...maybe sooner than that, so watch this space.

If you would like to feature on an upcoming episode of the podcast, we would love to hear from you, reach out to oscar@corporatejetinvestor.com

Hosts: Alasdair Whyte, Fayaz Hussain and Oscar Henderson, SAF Investor
Producer: Oscar Henderson, SAF Investor

This episode Oscar sits down with Wendy Owens of Hexas Biomass. Wendy, a trailblazer with a captivating career journey, unveils the potential of Xanograss and the Xanofiber it creates which can be used for sustainable construction and as a biofuel feedstock. Her insights offer a flight path into how non-food, second-generation bioenergy crops could revolutionise the SAF supply chain and fulfill the soaring global energy demands.

Wendy articulates the significance of maximising every part of the Xanograss to enhance cost efficiency in SAF production, exploring Wendy's mantra of 'using the whole buffalo' in biomass optimisation. Our conversation navigates through the strategic partnerships Hexas is cultivating with growers, ensuring their profitability and the sustainability of local economies. We spotlight the local nature of biomass production, ensuring that the Xanograss doesn't roam far from home—preferably within 60 miles of its utilisation, encompassing partnerships spanning the U.S. and Europe.

We then address the rewilded lands and the burgeoning bioeconomy Xanograss can help sustain. Wendy shares her vision for regenerating lands degraded by exploitation, where the cultivation of bioenergy crops can reinvigorate ecosystems and revitalise the local economies of Southeast Asia and northern Africa. By rewilding marginalised spaces and creating localized SAF production hubs, we spotlight a future where environmental restoration aligns seamlessly with economic growth and global energy transition.

If you enjoyed this episode, why not try our discussion with Natasha Mann, Future Energy Global: https://www.buzzsprout.com/2202964/14508344

SAF Investor London

This conference serves as a nexus for innovators, customers, financiers, regulators, suppliers, and advisors, forging partnerships that will drive change. SAF Investor London 2024 isn't a conference for debating the merits of SAF; it's about convening the dealmakers who can effect real transformation.

Join over 200 leaders in the SAF Industry for two days of stimulating debates, discussions and plenty of networking.

You can find out more about SAF Investor and our conference in London here: https://www.safinvestor.com/

Host & Producer: Oscar Henderson, SAF Investor

With SAF being the only current solution to decarbonising air travel on existing aircraft, should the owners of around half the global fleet, the aircraft lessors, be putting more skin in the game?

This is a large component to this week's episode where Al spoke to Natasha Mann, CEO, Future Energy Global.

Natasha launched Future Energy Global in early 2024, but she has a long history in the aviation after experience with Fairchild Dornier and Airbus as well as her time in aircraft leasing at GECAS.

Now Natasha is focusing on the Sustainable Aviation Fuel industry by creating  a pre-purchasing system which aims to simultaneously reduce the cost of capital for the producer, increase airline access to SAF and make aircraft lessor portfolios more green inline with the aggressive ESG requirements of their underlying Institutional Investors.

Natasha gives a great explanation as to why lessors should be more involved in the SAF space and how Future Energy Global plans to bring capital in to SAF production whilst also lowering the cost of SAF for the consumer.

If you liked this episode, check out our previous discussion with Nicole Sautter, American Express Global Business Travel: https://www.buzzsprout.com/2202964/14463484

SAF Investor London

This conference serves as a nexus for innovators, customers, financiers, regulators, suppliers, and advisors, forging partnerships that will drive change. SAF Investor London 2024 isn't a conference for debating the merits of SAF; it's about convening the dealmakers who can effect real transformation.

Join over 200 leaders in the SAF Industry for two days of stimulating debates, discussions and plenty of networking.

You can find out more about SAF Investor and our conference in London here: https://www.safinvestor.com/

Host: Al Whyte, SAF Investor
Producer: Oscar Henderson, SAF Investor